Manassas - January 2008 Trend Report

Residential Homes trended DOWN by 26.9% (January Year-to-Year)

Original Price:                                   $287,960

Sales Price:                                      $242,567         (84.2% of Original Price)

Average Days on Market:                   129

Number of Homes Sold:                     89

Currently Active Listings:

Average List Price:                             $245,153        

Average Days on Market:                   129

Total Listed:                                     1812

It is important to know the path the market is currently on.  Sellers need to lead the market not follow.  Continually lagging behind the trend will lead to higher days on the market and lower "walkaway" sales prices.

This article also found at http://www.ask2agents.blogspot.com/